Esso (Thailand) has proposed to the government a Bt300-billion project to develop oil refineries and a cracker plant for pertochemical products at the Eastern Economic Corridor (EEC), said deputy prime minister Somkid Jatusripitak after a meeting yesterday with Jeramy Robert Osterstock, the company's chairman and managing director.

Prime Minister Prayut Chan-o-cha yesterday chaired the opening of the “National Fund for People ... Reduce Poverty and Inequality” forum, along with Deputy PM Somkid Jatusripitak, PM’s Office Minister Suwapan Tanyuwattana and Director of the National Village and Urban Community Fund Office Natee Klibthong.

WITH KING’S College International School Bangkok campus on Ratchada-Rama III set to officially open in 2020, and with an admissions campaign expected to launch in June this year, the school’s chairman of founding team said it will also be investing Bt500 million in the next five years.

PRIME MINISTER Prayut Chan-o-cha yesterday shared his proposals for plans and projects that he says would boost investor confidence, including a promise that as the Asian chair this year, the country would drive expansion of the Asean economy to become one of the world’s four largest economic groupings.

CONCLUDING THE Regional Comprehensive Economic Partnership (RCEP) negotiations and fully implementing the Asean Single Window (ASW) for all 10 Asean members by the end of this year are Thailand’s two top economic priorities as Asean chair, according to a senior official from the Commerce Ministry’s Department of Trade Negotiations (DTN).

DESPITE THE ongoing accusations by the United States over the security of Huawei Technologies Co’s 5G products and solutions, the Chinese giant’s chief yesterday reiterated its commitment to bring its fifth generation of wireless technology (5G) to the world.